Bengaluru's Kempegowda International Airport Tops Global On-Time Performance Rankings

Bengaluru's Kempegowda International Airport Tops Global On-Time Performance Rankings

By Author

Published on October 19, 2023

In a remarkable achievement, Kempegowda International Airport Bengaluru has secured the top position as the world's most punctual airport for the past three consecutive months, according to Cirium's 'The On-Time Performance Monthly Report.' This airport, operated by Bangalore International Airport Limited, has been consistently providing travelers with an "impressive" on-time departure experience, setting a new standard in global aviation punctuality.

Bengaluru's Kempegowda International Airport has earned this prestigious title by delivering an exceptional level of punctuality. The on-time departure ranking, a measure of the percentage of flights that depart within 15 minutes of their scheduled time, tells the story of consistency and dedication. In July, the airport achieved a remarkable 87.51 percent punctuality rate. This impressive performance continued with 89.66 percent in August and 88.51 percent in September, setting a high bar for on-time performance.

Cirium, a renowned aviation analytics firm, conducted a thorough and comprehensive evaluation process, involving an exhaustive review of flight data for airports worldwide. This meticulous assessment reaffirms the airport's commitment to maintaining exceptional punctuality standards. It's a testament to the relentless efforts and precision in operations to ensure that travelers' journeys begin on time.

This recognition places Kempegowda International Airport Bengaluru at the forefront of global aviation. It reflects the unwavering dedication of the airport's team in providing passengers with a reliable and punctual travel experience. For the city of Bengaluru, this accomplishment is a source of pride and a testament to its status as a leading hub in the aviation world.

For travelers departing from Kempegowda International Airport, this achievement means that they can continue to expect a world-class travel experience. Punctuality is not just about being on time; it's about ensuring a smooth and hassle-free journey, making the airport an exemplary gateway to the world. As this airport continues to lead in on-time performance, it stands as a symbol of excellence and reliability, setting a standard for airports worldwide to follow.

In a world where timeliness is a crucial factor in air travel, Kempegowda International Airport Bengaluru has raised the bar, ensuring that travelers can confidently rely on a punctual and efficient departure process for their journeys.


Royal Caribbean Group raises dividend by 33% to $1 per share

Royal Caribbean Group raises dividend by 33% to $1 per share

By Manu Vardhan Kannan

Published on September 14, 2025

Royal Caribbean Group (NYSE: RCL) has announced a significant increase in its shareholder returns, declaring a 33% hike in its quarterly dividend. The company’s Board of Directors approved a dividend of $1.00 per common share, payable on October 13, 2025, to shareholders of record at the close of business on September 25, 2025.

Jason Liberty, President and CEO of Royal Caribbean Group, said the move underscores the company’s confidence in its performance and long-term growth strategy. “Today’s dividend increase reflects both the strength of our performance and our commitment to return capital to shareholders. This increase in dividend, along with our ongoing share repurchase program, highlights our balanced approach to capital allocation, returning value to shareholders while funding future growth,” Liberty stated.

Royal Caribbean Group is a global leader in the vacation industry, operating a fleet of 68 ships across five brands that serve millions of guests annually. Its portfolio includes Royal Caribbean International, Celebrity Cruises, and Silversea, as well as land-based experiences such as Perfect Day at CocoCay and the Royal Beach Club collection. The company also holds a 50% joint venture in TUI Cruises, which manages brands like Mein Schiff and Hapag-Lloyd Cruises.

With a reputation for innovation and guest-focused experiences, Royal Caribbean Group continues to expand its global footprint while maintaining its commitment to responsible and sustainable growth.


Apeejay Surrendra Park Hotels Reports Rs 13 Crore Net Profit in Q1 FY26

Apeejay Surrendra Park Hotels Reports Rs 13 Crore Net Profit in Q1 FY26

By Manu Vardhan Kannan

Published on August 18, 2025

Apeejay Surrendra Park Hotels Limited (ASPHL) announced its financial results for Q1 FY26, recording a net profit of Rs 13 crore. Revenue from operations stood at Rs 154 crore, a 14% increase year-on-year, while operating EBITDA grew 16% YoY to Rs 45 crore. The company maintained an industry-leading occupancy of 92%, reaffirming its leadership in the hospitality sector.

ASPHL’s growth is fueled by expansion into Tier 2 and Tier 3 markets. The company recently signed an MoU to acquire and manage four leisure properties in Goa, Manali, Shimla, and Dharamshala, adding 138 rooms under its brand. These steps align with ASPHL’s strategy to broaden its presence in high-potential tourism destinations and double its key count to 5,750 over the next five years.

Flurys, ASPHL’s iconic bakery and confectionery brand, now operates 102 outlets nationwide, reflecting the company’s focus on expanding its market presence while integrating modern amenities with rich cultural heritage.

Commenting on the performance, Vijay Dewan, Managing Director, Apeejay Surrendra Park Hotels, said,

"We have delivered an extraordinary and best-ever Q1, setting a strong momentum for the year ahead. With topline growth of 14% and EBITDA growth of 16%, we recorded India’s highest occupancy of 92% and maintained leadership in RevPAR in the upper-upscale segment. ARR improved by 13% and RevPAR increased by 12%. With nearly 600 new rooms added, including a 41% rise in our asset-light model, and nationwide Flurys rollout, we are poised to scale faster, enhance margins, and deliver exceptional shareholder value."

ASPHL’s strong performance in Q1 FY26 underscores its strategic focus on market expansion, operational excellence, and premium guest experiences.


Marriott Announces Dividend and Expands Share Buyback Plan

Marriott Announces Dividend and Expands Share Buyback Plan

By Manu Vardhan Kannan

Published on August 10, 2025

Marriott International, Inc. has declared a quarterly cash dividend of 67 cents per share on its common stock, reaffirming its commitment to delivering shareholder value. The dividend will be paid on September 30, 2025, to shareholders who are on record as of August 21, 2025.

Alongside the dividend announcement, the hospitality giant also revealed an expansion of its share repurchase program. The board of directors has authorized the repurchase of an additional 25 million shares of its Class A common stock. This comes in addition to the approximately 7.4 million shares that were still available under previous authorizations as of July 30, 2025.

Marriott has already bought back 6.4 million shares this year, amounting to $1.7 billion. These moves reflect the company’s continued confidence in its financial stability and long-term performance, aiming to strengthen shareholder value through strategic capital allocation.

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